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Constellation Capital Management, LLC Announces Agreement With Employee Group of the Former Rexene Corporation

NOVATO, CA--(Marketwire - September 18, 2009) - Constellation Capital Management, LLC of Novato,
California today announced that it has reached an agreement with FHR Odessa
Acquisition, Inc., a special purpose entity formed by former employees of
the former Rexene Corporation/Huntsman Chemical/Flint Hills Resources
chemicals and polymers manufacturing business previously headquartered in
Odessa, Texas.

Constellation Capital Management is a privately held merchant banking firm.
Constellation is an affiliate of Redwood Consultants, LLC, a Novato,
California Investor Relations firm. Constellation Capital is in the process
of merging with a privately held FINRA member investment banking/broker
dealer.

Pursuant to the terms and conditions of the parties' agreement,
Constellation has agreed to organize, sponsor and assist the employee group
in purchasing the assets and business of the former Rexene Corporation from
its current owners.

FHR Odessa Acquisition, Inc. spokesman and President of Rexene Employee
Association Michael DeShazo commented on the parties' agreement, saying:
"Our employee group has worked diligently for the past five months in order
to implement a plan to re-open the Rexene Odessa manufacturing facility and
create opportunities for our co-workers and neighbors to regain their jobs.

"For many years, the Odessa chemicals and polymers facility manufactured
some of the highest quality polymer products in the industry. Our employee
group believes that we have the skills, the desire and the enthusiasm to
re-establish and reactivate the Odessa complex.

"Despite the fact that the Odessa complex shutdown and our purchase efforts
are taking place during a period of severe economic downturn, we believe
that we have identified partners with unique abilities and experience. We
believe that these partners have the skills, knowledge and experience to
help us accomplish our objectives.

"Constellation Capital Management's efforts are being lead by Constellation
Capital Management Senior Advisor and former Chairman of Rexene Corporation
(RXN, NYSE) William Jeffrey Gilliam.

"In 1987, during a severe economic and financial industry recession, Bill
Gilliam organized and lead the leveraged purchase of Rexene. The leveraged
purchase transaction was completed in April 1988, and in August 1988, Bill
Gilliam managed Rexene's Initial Public Offering on the New York Stock
Exchange. Previously (in 1987) Bill Gilliam managed the Initial Public
Offering and subsequent New York Stock Exchange listing of Calgon Carbon
Corporation (CCC, NYSE)."

Constellation Capital Management Senior Advisor William Jeffrey Gilliam
observed: "I look forward with enthusiasm to beginning my 'second career'
with the former Rexene, its employees, and with the Odessa community.
Twenty years ago, my former partners and I were fortunate to have the
opportunity to help Rexene establish itself as a major manufacturer and
supplier of specialty polymer and film products.

"Twenty years ago, the Rexene leveraged purchase and subsequent initial
public offering took place in what many considered to be, at the time, the
'worst' financial industry conditions in their experience. Despite the
fact that the current financial industry conditions are perhaps more severe
than those existing in 1987, I believe that the proposed purchase and
re-start of Rexene will be achieved for the very same reasons that we were
successful the last time around.

"Rexene can still manufacture the highest quality specialty polyethylene
and polypropylene products in the World. The Rexene employee group is the
best in the World at developing and manufacturing specialty polymer
products; and the markets for specialty products continue to support
premium prices for superior products.

"In addition to re-establishing a focus on specialty polymers, we look
forward to implementing an aggressive plan to include in the proposed asset
purchase sufficient natural gas liquids reserves to render the new Rexene
fully self sufficient in feedstock for the Rexene olefins manufacturing
assets."

Managing Director of Constellation Capital Management, LLC Jens Dalsgaard
commented, "During the past month we have held discussions with several
NYSE, NASDAQ and AMEX listed companies that have sold off their operating
business and now sit with 25 million to 150 million of cash on their
balance sheets. These publicly traded companies are actively seeking a
reverse-merger opportunity of the likes of Rexene. We believe anyone of
these publicly traded operating companies can become our rallying point for
several of the large institutional investors with whom we have spoken with
concerning the purchase of Rexene."

Statements about the Company's future expectations and all other statements
in this press release other than historical facts, are "forward-looking
statements" within the meaning of Section 27A of the Securities Act of
1933, Section 21E of the Securities Exchange Act of 1934, and as that term
is defined in the Private Securities Litigation Reform Act of 1995. The
Company intends that such forward-looking statements be subject to the safe
harbors created thereby.